Thursday, February 20, 2014

Sale of telecom stake boosts net profit at Citic Pacific





Citic Pacific, the Hong Kong-listed steel-to-property conglomerate of Beijing-backed Citic Group, posted a 9.1 per cent year-on-year rise in net earnings, boosted by a large gain from the sale of a stake in its telecommunications unit.









via Business feed http://ift.tt/1hxd7o3

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